David King Email & Phone Number

San Diego, Ca

dk3 capital provides opinions about development-stage biotech companies. The client base is primarily retail investors who are investors in the biopharma space but who do not have biopharma backgrounds.In addition, we offer clinical and regulatory consulting to companies in the oncology space.

Responsible for business strategy and partnering of Peregrine’s clinical and preclinical programs in the US, Europe and Asia. Opened subsidiary in China to pursue partnering efforts. Corporate director of Peregrine (Beijing) Pharmaceutical Technology Development Ltd. Also vice president, business development for wholly-owned subsidiary, Avid Bioservices, Inc. Established Avid’s successful marketing program. One of three corporate officers in executive management.

Avid is a wholly owned subsidiary of Peregrine Pharmaceuticals, Inc. (PPHM). Avid manufactures antibodies and therapeutic proteins for clients in the US and Europe and manufactures the API for a commercial product on the market in the US. While also responsible for business development for the parent company I oversaw the sales and marketing efforts of Avid, growing sales from $2 million to $11 million annually.

Atlanta; Research Triangle Park; Wilmington, De

Participated in negotiating the first copromotion agreement for a major product in the industry. Zantac grew to become the best selling drug in the world and held that status for several years as a result of the massive combined marketing effort. Closed Glaxo's then-largest outlicensing transaction, for which I received a substantial bonus and corporate recognition. This was a difficult deal to find a suitable partner and required tenacity to get that first offer and then to negotiate the transaction. This is the deal that started my experience in out licensing difficult to partner IP. I also learned a great deal about matrix management and how important it is to network within the company as well as in the industry.Started in sales for AstraZeneca and after 18 months was promoted to a marketing position at the corporate offices.